DEESO-GROUP: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DEESO-GROUP
Largest movements
- Cash -€265,811
down €265,811 (-52.0%), from €510,684 to €244,873
mainly Advances received (-€315,828) and Trade debts (-€160,490)
- Receivables within one year -€144,291
down €144,291 (-14.5%), from €992,665 to €848,374
of which Trade receivables: -€124,042
- Advances received -€315,828
down €315,828 (-64.3%), from €491,411 to €175,583
- Trade debts -€160,490
down €160,490 (-16.5%), from €970,615 to €810,125
- Reserves +€59,918
up €59,918 (+246%), from €24,364 to €84,282
- Gross operating margin +€28,793
up €28,793 (+64.6%), from €44,597 to €73,389
- Financial charges -€11,725
down €11,725 (-98.1%), from €11,947 to €222
- Taxes +€8,784
up €8,784 (+130%), from €6,733 to €15,517
- Financial income +€3,003
up €3,003 (+600,542%), from €1 to €3,003
- Other operating charges -€818
down €818 (-52.7%), from €1,553 to €735
From the 2025 result to the 2026 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,503,623 | €1,093,552 | -€410,071 | -27.3% |
| Current assets | 29/58 | €1,503,623 | €1,093,552 | -€410,071 | -27.3% |
| Amounts receivable within one year | 40/41 | €992,665 | €848,374 | -€144,291 | -14.5% |
| Trade receivables | 40 | €969,308 | €845,266 | -€124,042 | -12.8% |
| Other amounts receivable | 41 | €23,357 | €3,108 | -€20,249 | -86.7% |
| Cash at bank and in hand | 54/58 | €510,684 | €244,873 | -€265,811 | -52.0% |
| Deferred charges and accrued income | 490/1 | €274 | €305 | +€31 | +11.4% |
| Total equity and liabilities | 10/49 | €1,503,623 | €1,093,552 | -€410,071 | -27.3% |
| Equity | 10/15 | €26,364 | €86,282 | +€59,918 | +227% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €24,364 | €84,282 | +€59,918 | +246% |
| Distributable reserves | 133 | €24,364 | €84,282 | +€59,918 | +246% |
| Amounts payable | 17/49 | €1,477,259 | €1,007,269 | -€469,989 | -31.8% |
| Amounts payable within one year | 42/48 | €1,477,259 | €1,007,269 | -€469,989 | -31.8% |
| Trade debts | 44 | €970,615 | €810,125 | -€160,490 | -16.5% |
| Suppliers | 440/4 | €970,615 | €810,125 | -€160,490 | -16.5% |
| Advances received on contracts in progress | 46 | €491,411 | €175,583 | -€315,828 | -64.3% |
| Taxes, remuneration and social security | 45 | €6,733 | €14,593 | +€7,860 | +117% |
| Taxes | 450/3 | €6,733 | €14,593 | +€7,860 | +117% |
| Other amounts payable | 47/48 | €8,500 | €6,968 | -€1,532 | -18.0% |
| Other operating charges | 640/8 | €1,553 | €735 | -€818 | -52.7% |
| Gross operating margin | 9900 | €44,597 | €73,389 | +€28,793 | +64.6% |
| Operating profit (loss) | 9901 | €43,043 | €72,654 | +€29,611 | +68.8% |
| Financial income | 75/76B | €1 | €3,003 | +€3,003 | +600,542% |
| Recurring financial income | 75 | €1 | €3,003 | +€3,003 | +600,542% |
| Financial charges | 65/66B | €11,947 | €222 | -€11,725 | -98.1% |
| Recurring financial charges | 65 | €11,947 | €222 | -€11,725 | -98.1% |
| Profit (loss) for the period before taxes | 9903 | €31,097 | €75,435 | +€44,338 | +143% |
| Income taxes | 67/77 | €6,733 | €15,517 | +€8,784 | +130% |
| Profit (loss) for the period | 9904 | €24,364 | €59,918 | +€35,554 | +146% |
| Profit (loss) for the period to be appropriated | 9905 | €24,364 | €59,918 | +€35,554 | +146% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.